Carnival

Meyer Werft in Papenburg is building the 344-meter-long cruise ship “Carnival Tropicale” for Carnival Cruise Line. The ship will accommodate more than 6,400 passengers, is powered by LNG engines, features a water park with six slides and a Route 66 mini-golf course. The “Carnival Tropicale” is scheduled to sail from Texas to the Caribbean, the Bahamas and Mexico from April 2028 and is the fifth and final ship of the Excel class; two ships of the class were also built or are under construction in Papenburg. » More on manager-magazin.de

Carnival’s share hit a new 52-week low of $23.45, trading 31% below the year high; the stock has lost 24.45% over the past year. InvestingPro classifies the stock as undervalued; metrics: P/E 10.88, PEG 0.58, while 13 analysts cut their earnings estimates. Moody’s downgraded senior notes from Baa2 to Ba1, affecting about $3.1 billion of bonds; the board also approved a quarterly dividend of $0.15. BMO Capital rated Carnival “Market Perform” and points to completed refinancing and a focus on shareholder returns despite ongoing demand and cost issues in the industry. » More on de.investing.com

P&O Ferries said an isolated incident on a Calais–Dover sailing on 31 August led to a link containing passenger personal information being inadvertently shared with several customers. The company is contacting affected passengers directly, apologised and said it takes data security seriously. The Information Commissioner's Office has been contacted and P&O will keep impacted customers informed as further information becomes available. » More on yahoo.com